Saudi Arabia on track to lead global hydrogen market
ACWA Powers Sudair solar plant, with a 1,500 megawatt capacity, will offset 2.9 million tonnes of carbon emissions annually.
Saudi Arabia on track to lead global hydrogen market
MOHAMMED AL-KINANI | May 03, 2025
JEDDAH: Saudi Arabia is positioning itself as a leader in the hydrogen economy, with significant investments in both green and blue versions of the fuel with the aim to generate half of the Kingdoms electricity from renewable sources by 2030.
With its commitment to achieving net-zero emissions by 2060, strategic partnerships, and projects like NEOMs hydrogen initiative, Saudi Arabia is paving the way for a sustainable, hydrogen-powered future.
Saudi energy giants, including Aramco and ACWA Power, are leading major projects in this area aligned with the countrys sustainability goals.
ACWA Powers Sudair solar plant, with a 1,500 megawatt capacity, will offset 2.9 million tonnes of carbon emissions annually. Aramco is also involved in $30 billion renewable energy projects with the Public Investment Fund and other partners.
Yaseen Ghulam, associate professor of economics and director of research at the Riyadh-based Al-Yamamah University, told Arab News that Saudi Arabia plans to invest up to $10 billion in green hydrogen manufacturing firms, aiming to be responsible for 15 percent of the worlds blue hydrogen production. Aramco aims to generate 11 million tonnes of blue ammonia annually by 2030. In a well-established plan, Saudi Arabia is aggressively investigating the application of hydrogen in many fields. More specifically, the country is also exploring hydrogen applications in industrial, power generation, and transportation, and car fuel for fuel cell-powered vehicles, Ghulam said...more
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